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Jana Small Finance Bank Share Price Surge; Secures RBI’s Licence for Forex Operations

Written by: Team Angel OneUpdated on: Mar 7, 2025, 3:00 PM IST
Jana Small Finance Bank has received RBI’s approval to operate as an Authorised Dealer Category-I (AD-I), enabling it to conduct foreign exchange transactions.
Jana Small Finance Bank Share Price Surge; Secures RBI’s Licence for Forex Operations
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Jana Small Finance Bank Limited has received approval from the Reserve Bank of India (RBI) to operate as an Authorised Dealer Category-I (AD-I) under Section 10 of FEMA, 1999. This license permits the bank to engage in foreign exchange transactions, broadening its financial service offerings and reinforcing its position within the sector.

RBI’s Approval and Compliance

In an official filing with stock exchanges, Jana Small Finance Bank announced that the RBI granted the AD-I licence on 6 March 2025. This authorisation allows the bank to facilitate foreign exchange transactions while adhering to all regulatory requirements. The approval marks a significant milestone in the bank’s operations, aligning with its expansion objectives.

Impact on Banking Services

With this license, Jana Small Finance Bank will now provide forex-related services, enhancing its capabilities in international banking. The development is expected to improve customer accessibility to seamless foreign exchange solutions. Stakeholders and investors have responded positively to this regulatory approval, viewing it as a strengthening factor for the bank’s long-term growth strategy.

Jana SFB Share Performance 

As of March 07, 2025, at 1:00 PM, the shares of Jana Small Finance Bank are trading at ₹478.29, up by 9.29% from its previous day’s closing price. The stock has registered a gain of 5.59% over the past month.

Conclusion

The RBI’s approval of the AD-I licence positions Jana Small Finance Bank among key players in the small finance banking sector. As the bank integrates forex services into its operations, it continues to comply with regulatory frameworks while expanding its financial offerings.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Mar 7, 2025, 3:00 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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